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Higher and higher premium offers have emerged for long-term contracts in the European zinc market for next year, while volumes are set to be limited for consumers too, sources have told Fastmarkets. ....
Higher and higher premium offers have emerged for long-term contracts in the European zinc market for next year, while volumes are set to be limited for consumers too, sources have told Fastmarkets. ....
Tight spot supply of material and bullish long term contract negotiations moved zinc premiums higher in Northern Europe, Italy and Southeast Asia in the week ended November 30; the Chinese physical market was in a stalemate, while United States zinc and lead prices were stable due to Thanksgiving holidays. ....
Major European zinc producers intend to significantly raise the annual contractual premiums in 2022, citing higher production costs and strong demand, Fastmarkets has learned during LME Week 2021. ....
The recent spread of the Covid-19 Delta variant across Asia has weakened demand and created logistics issues to push down Southeast Asian zinc premiums, although the impact in China has so far been limited. Zinc and lead premiums remained flat in the United States and Europe. ....